Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2016

Balance Sheet Components [Abstract]

Inventories

Selected balance sheet components consist of the following:

(In millions)	June 30, 2016		December 31, 2015
Inventories:
Raw materials	$	688.7	$	592.4
Work in process	435.2		387.0
Finished goods	1,067.4		971.6
	$	2,191.3	$	1,951.0

Property, Plant and Equipment

Property, plant and equipment:
Land and improvements	$	134.8	$	124.5
Buildings and improvements	997.2		950.6
Machinery and equipment	2,077.7		1,928.4
Construction in progress	274.8		290.5
	3,484.5		3,294.0
Less accumulated depreciation	1,426.9		1,310.1
	$	2,057.6	$	1,983.9

Other Current Liabilities

Other current liabilities:
Legal and professional accruals, including litigation accruals	$	119.3	$	122.6
Payroll and employee benefit plan accruals	317.4		367.9
Accrued sales allowances	726.5		681.8
Accrued interest	38.1		25.1
Fair value of financial instruments	97.4		19.8
Other	626.3		624.7
	$	1,925.0	$	1,841.9